I have been curious how exactly do we need to stake sps once Collection power has been taken out.
I watched Aftersound's video earlier today and as he has mentioned, using the tournament sps requirement is actually a good reference on how much exactly we need to stake in order to earn rewards.
I have some concern with this in terms of barriers to entry but I also think this is a good use case for SPS. In all honesty, I don't think this will stop bot farms much. They're technically whales at this point so if they want to spam bronze, silver, they actually can. We also have to take note that we can rent Staked SPS eventually as well.
So I looked up the tournaments raised by SPS Tournament team so it's a little close to official.
SPS conversion value at .025 USD per SPS
Novice League:
I honestly don't see the point of having staked SPS on novice range.. It's just 100 rank points. better to be just zero at this level anyway.
Staked SPS: Around 200 to 1k SPS / 5 USD to 25 USD (I also saw another one with just 200 SPS so we assume a range of 200 to 1k)
Bronze League:
Staked SPS: Around 1300 to 2400 SPS / 33 to 60 USD (Again another tournament had 1300 so let's say around this range)
Silver League:
Staked SPS: Around 2400 to 4500 SPS (60 USD to 100 USD)
Gold League:
Staked SPS: Around 4700 to 10k SPS / 117 to 250 USD (I saw another tournament at 9k SPS requirement so let's say it's ranging at this SPS requirement)
Diamond League:
So there's a big variation here. I saw one tournament requiring 17k SPS and 2 other tournaments requiring 46k to 49k SPS.
Staked SPS: Around 17k to 50k SPS / 425 USD to 1,250 USD
So that's it. Hope this helps give everyone a perspective on how much you will need to stake to earn Rewards in SPL.
Happy new year!